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After visiting the pin factory Adam smith developed which theory?
After visiting the pin factory, Adam Smith developed the theory of division of labor, which states that breaking down tasks into smaller, specialized parts can increase productivity and efficiency. Smith's observations at the pin factory highlighted the benefits of specialization in the production process.
What was revolutionary about Adam Smith's pin factory?
The revolutionary value of Adam Smith's pin factory can not be overstated. Before Smith's pin factory came along, pins did not have a pointy end. In fact before Adam Smith's new design, pins were made with a flat base similar to that of a nail. Needless to say - seamstresses, patients, and voodoo doctors realise the revolutionary work Smith and celebrate his birthday every year.
Which is mightier among the twothe pin or sword?
If it is pen instead of pin you can see the revolutionisation of the media.The media has been able to project things bringing the mighty to do the changes needed.If it is pin then the sword is naturally powerful.
What type of manufacturing did Adam smith use to illustrate the effects of the division of labor?
Adam Smith used the example of a pin factory to illustrate the effects of the division of labor. He described how breaking down the production process into specialized tasks increased efficiency and productivity in manufacturing.
When elaborating pin your point it is important to show your audience that the?
main idea is supported by specific details, examples, and evidence. This helps to clarify and strengthen the argument being made, making it more compelling and convincing to the audience. Providing this kind of elaboration demonstrates depth of understanding and enhances the credibility of the point being made.
